The following are clips from an article received 6/3/10
In short, if you are in a position that you feel it may be wise to talk to a professional about your options, you should seek the advice of a real estate attorney as well as a full time real estate agent that is experienced in todays market. Taking the first step and investigating your options is the best move you can make.
If you are not familiar with a great real estate attorney, give me a call and I will be happy to recommend one or two. If you would like to speak to a real estate agent who has experience with short sales, then give me a call.